Market Overview

Boston Omaha Corporation Announces Surety Company Acquisition Signing

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Boston Omaha Corporation (NASDAQ:BOMN) (the "Company") announced that
on October 6, 2017, General Indemnity Group, LLC, a wholly owned
subsidiary of the Company, entered into a Unit Purchase Agreement to
acquire at a subsequent closing a majority equity interest in South
Coast Surety Insurance Services, LLC ("South Coast") from South Coast's
sole equityholder. South Coast is a large agency provider of commercial
and contract surety bonds and surety products based in San Clemente,
California. The Unit Purchase Agreement contains a seller option, and a
contingent buyer option, for General Indemnity Group, LLC to acquire the
remaining equity interests in South Coast.

About Boston Omaha Corporation

Boston Omaha Corporation is a public company engaged in several lines of
business, including outdoor advertising and surety insurance, and
maintains investments in several real estate services ventures.

Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking
statements. The Private Securities Litigation Reform Act of 1995
provides safe harbor protections for forward-looking statements in order
to encourage companies to provide prospective information about their
business. Forward-looking statements include statements concerning
plans, objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements, which are other than
statements of historical facts.

The Company desires to take advantage of the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995 and is including
this cautionary statement in connection with this safe harbor
legislation. The words "believe," "anticipate," "intends," "estimate,"
"forecast," "project," "plan," "potential," "may," "should," "expect"
"pending" and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon
various assumptions, many of which are based, in turn, upon further
assumptions, including without limitation, our management's examination
of historical operating trends, data contained in our records and other
data available from third parties. Although we believe that these
assumptions were reasonable when made, because these assumptions are
inherently subject to significant uncertainties and contingencies which
are difficult or impossible to predict and are beyond our control, we
cannot assure you that we will achieve or accomplish these expectations,
beliefs or projections.

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